I just saw an interesting analysis about Bitcoin and started comparing it to gold. According to some traders I follow, the bottom of the Bitcoin market might be closer than we think if we measure it against gold as a reference. It's a different angle than what is usually seen in the market. The Bitcoin-gold correlation has been quite volatile in recent years, but some analysts believe this metric could give us clues about where we really are in the cycle. I don't know if it's the perfect metric, but it's worth watching how the market behaves from this perspective. Has anyone else been following this analysis?

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